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Word of the Day: White Knight
Let’s talk business.
When a company is in financial trouble, one option to get out of it is to find a white knight.
A white knight is another company or even a person who can buy the company or invest enough money into it to get it out of trouble.
As a recent example, at the beginning of summer, Mitsubishi was embroiled in a scandal regarding fuel mileage.
Well, Nissan came along and purchased a controlling interest in Mitsubishi.
Flesch-Kincaid Readability Test
This post is understandable by someone with at least a 9th-grade education (age 15).
On the Flesch-Kincaid reading-ease test, this post scores 58.
The easier a passage is to read, the higher the score on a scale of 0 – 100.